917 Main Street
Grinnell, IA 50112
MLS #550425

Commercial
  • 0.12acres
  • 8,400sq ft
$359,000
Est. P&I payment: $1371.14/mo
917 Main Street, Grinnell, IA 50112
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Description for 917 Main Street, Grinnell, IA 50112
Investment Opportunity! A proven Investment property in the heart of Grinnell. One of the original buildings to condominiumize the residential second floor from the first floor commercial space, resulting in property tax reflective of the use of the various spaces, The property has been well cared for over the years. the second floor was built out in Dec. 2004. All apartments have separate utilities. The mechanicals and roof have been maintained and updated over the years. An established tenant is at home on the first floor (Street Level), while the three apartments all 2 bedrooms with 1 or 2 baths, show a consistent occupancy over time, with occasional variance as the seasons change. Rent rates have kept pace with inflation, financial numbers will be shared with serious buyers. If you've been looking for a downtown property to build or diversify your portfolio, call your favorite agent to arrange your tour today!
MLS #550425
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My Notes for MLS #550425

General Features

  • Property Type: Commercial
  • Acres: 0.12
  • Building Sqft: 8,400
  • Year Built: 1901

Exterior Features

  • Exterior: Brick,​See Remarks
  • Acres: 0.12
  • Lot SF: 5,061
  • Lot Shape: Regular
  • Foundation: Brick,​Stone
  • Roof: Roll Roofing

Interior Features

  • Interior Features: Carpeting,​Hardwood Floors,​See Remarks,​Smoke Detector,​Vinyl
  • Square Feet Total: 8,400

Utilities Features

  • Air Conditioning: Central
  • Heat: Gas Forced Air
  • Sewer: City
  • Water: City

Financial Features

  • Gross Taxes: 2,977
  • Net Taxes: 1,860

Community Features

  • School District: GrinnellNewburg

Misc Features

  • Parcel Number: 3,346,600
  • Included Items: Dishwasher,​Dryer,​Refrigerator,​See Remarks,​Stove,​Washer
  • Zoning: C

Location

 
Street View Not Available
Directions to 917 Main Street, Grinnell, IA 50112
North on hwy 146 from I80. Turn East on 4th Ave, turn North on Main Street, destination on your left in the middle of the block.
The listing information for 917 Main Street, Grinnell, IA 50112 was graciously provided by our friends at the listing brokerage, Ramsey-Weeks, Inc.

Get Financing for 917 Main Street, Grinnell, IA 50112

Gershman Mortgage
David Bell
8460 Birchwood Ct, Ste 700
Johnston, IA 50131
515-330-2930 Office
(515) 205-3962 Mobile
(515) 330-2933 Fax
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P&I Payment $1371.14
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty North Star's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty North Star, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/18/2017 at 4:54pm
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